Additional Details

• Important Details: --> Vacant at close --> 55+ Community --> HOA is $869/MO (Covers Cable TV, Common Area Taxes, Community Pool, Escrow Reserves Fund, Gas, Insurance, Internet, Maintenance Exterior, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Sewer, Trash, Water)
• Features: Under 50K in St. Pete — Condo opportunity with an extremely attractive price point for resale. This 2/2 unit offers 1,135 SQFT and will be delivered vacant at close, allowing for an immediate start to your project. Conveniently located close to the beautiful St. Pete beaches, this property has strong appeal for end buyers. With such a low entry price and desirable location, this presents a solid value-add opportunity with strong upside potential.
• Potential ARV: $110,000-$120,000
• Rehab Description: The unit will require a complete interior renovation. Update the flooring, kitchen, bathrooms, fixtures, and finishes throughout, apply fresh interior paint, and complete a thorough deep clean to create a clean, market-ready product.
• Ideal Investment Strategy: Resale
• Construction: CBS
• Comp 1: 5501 80TH ST N, #505, ST PETERSBURG, FL 33709 2/1.5 1125 SQFT 1973 Build PENDING @ $99,000 (Only .5 bath/Clean with some updates)
• Comp 2: 5501 80TH ST N, #406, ST PETERSBURG, FL 33709 2/1.5 1125 SQFT 1973 Build SOLD @ $90,000 3/4/26 (Only .5 bath/Clean with some updates)
• Comp 3: 5521 80TH ST N, #311, ST PETERSBURG, FL 33709 2/2 1135 SQFT 1974 BUILD SOLD @ $99,000 12/15/25 (Same unit/cleaned up but dated)
• Comp 4: 5521 80TH ST N, #205, ST PETERSBURG, FL 33709 2/1.5 1135 SQFT 1974 Build SOLD @ $139,850 4/14/26 (Updated)
• Comp 5: 5521 80TH STREET NORTH, #306, ST PETERSBURG, FL 33709 2/1.5 1125 SQFT 1974 Build Sold @ $99,000 4/23/26 (Only .5 bath/updated)
• Hard Money: Pre-Approved by OPS Loans for up to 75% LTV – See OPS Loans Hard Money